ACCT 1310 - Financial Reporting

Goals: To introduce students to the recording process used to develop the income statement, balance sheet and statement of cash flows, as well as how to interpret what changes in these accounts represent.

Content: The foundations of financial reporting and managerial accounting are designed to be taken as two sequential courses. In this first course, students will gain an in-depth exposure to inventory, receivables, plant assets and long-term liabilities, as well as the components of shareholders’ equity. It is highly recommended that students take Managerial Accounting upon completion of this course.

Credits: 4